CANARA ROBECO ULTRA SHORT TERM FUND (CRUSTF)
Ultra Short Duration Fund - An open ended ultra-short term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months. A relatively low interest rate risk and moderate credit risk.
(as on October 31, 2022)
| SCHEME OBJECTIVE | To generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile. However, there is no assurance that the objective of the Fund will be realised. |
| DATE OF ALLOTMENT | September 16, 2003 |
| BENCHMARK | CRISIL Ultra Short Duration Fund BI Index |
| FUND MANAGER | 1) Ms. Suman Prasad 2) Mr. Avnish Jain |
| TOTAL EXPERIENCE | 1) 24 Years 2) 27 Years |
| MANAGING THIS FUND | 1) Since 12-April-11 2) Since 01-April-22 |
| ASSET ALLOCATION | Debt and Money Market instruments- 0% to 100% (Risk- Low to Medium) Reits / Invits- 0% to 10% (Risk- Medium to High) |
| MINIMUM INVESTMENT | ₹500 and in multiples of ₹ 1 thereafter. Subsequent purchases: Minimum amount of ₹ 500 and multiples of ₹ 1 thereafter. SIP: For Any date/monthly frequency – ₹ 500 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 500 and in multiples of ₹ 1 thereafter STP: The minimum amount for STP will be subject to the minimum investment amount as detailed in switch-in scheme SWP: ₹ 100 and in multiples of ₹ 1 thereafter |
| PLANS / OPTIONS | Regular Plan - Daily Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Weekly Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Growth Option Direct Plan - Daily Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Weekly Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Growth Option |
| ENTRY LOAD | Nil |
| EXIT LOAD | Nil |
| EXPENSE RATIO^: |
Regular Plan : 0.95% Direct Plan : 0.39% |
| Monthend AUM# | ₹ 575.89 Crores |
| Monthly AVG AUM | ₹ 571.09 Crores |
| (as on October 31, 2022) | (₹) |
| Direct Plan - Daily IDCW (reinvestment) | 1,240.7100 |
| Direct Plan - Growth Option | 3,350.6078 |
| Direct Plan - IDCW (payout/reinvestment) | 1,917.8871 |
| Direct Plan - Monthly IDCW (payout/reinvestment) | 1,000.6160 |
| Regular Plan - IDCW (payout) | 1,313.1532 |
| Regular Plan - Daily IDCW (reinvestment) | 1,240.7100 |
| Regular Plan - Growth Option | 3,196.5337 |
| Regular Plan - Monthly IDCW (payout/reinvestment) | 1,000.6462 |
| Regular Plan - Weekly IDCW (payout/reinvestment) | 1,241.5117 |
| Direct Plan - Weekly IDCW (payout/reinvestment) | 1,241.5872 |
| Yield to Maturity | 6.87% |
| Modified Duration | 0.30 Years |
| Average Maturity | 0.32 Years |
| Macaulay Duration | 0.32 Years |
Name of the Instruments |
Rating |
% to NAV |
Money Market Instruments |
35.34 |
|
Kotak Mahindra Bank Ltd |
A1+(CRISIL) |
4.32 |
Axis Bank Ltd |
A1+(CRISIL) |
4.31 |
Larsen & Toubro Ltd |
A1+(CRISIL) |
4.29 |
Bank of Baroda |
A1+(IND) |
4.26 |
Small Industries Development Bank of India |
A1+(CARE) |
4.25 |
HDFC Bank Ltd |
A1+(CARE) |
4.10 |
Export-Import Bank Of India |
A1+(CRISIL) |
4.10 |
State Bank Of India |
A1+(IND) |
4.08 |
ICICI Bank Ltd |
A1+(ICRA) |
1.63 |
Debt Instruments |
33.77 |
|
Kotak Mahindra Prime Ltd |
AAA(CRISIL) |
6.08 |
NTPC Ltd |
AAA(CRISIL) |
5.19 |
REC Ltd |
AAA(CRISIL) |
4.34 |
Bajaj Finance Ltd |
AAA(CRISIL) |
4.33 |
National Bank For Agriculture & Rural Development |
AAA(ICRA) |
4.33 |
LIC Housing Finance Ltd |
AAA(CARE) |
4.31 |
Housing Development Finance Corporation Ltd |
AAA(CRISIL) |
1.73 |
Sundaram Finance Ltd |
AAA(CRISIL) |
1.73 |
Larsen & Toubro Ltd |
AAA(CRISIL) |
1.73 |
Government Securities |
3.49 |
|
8.21% RAJASTHAN SDL UDAY 31-MAR-23 |
Sovereign |
3.49 |
Treasury Bills |
17.16 |
|
Tri - party repo |
9.44 |
|
Other Current Assets |
0.78 |
|
Grand Total ( Net Asset) |
100.00 |
% Allocation |
|
Net Current Assets |
0.78% |
0 to 3 Months |
43.88% |
| 3 to 6 Months | 41.43% |
| 6 to 12 Months | 13.91% |
| This product is suitable for investors who are seeking*: | |
|
|
 |
 |
| *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. | |
$ Source ICRA MFI Explorer | Monthend AUM as on 31.10.2022 | ^The expense ratios mentioned for the schemes includes GST on investment management fees.